(Answered) You own 17316 of olympic steel stock that has a beta of 293

Management Studies

You own $17,316 of Olympic Steel stock that has a beta of 2.93. You also own $14,040 of Rent-a-Center (beta = 1.72) and $15,444 of Lincoln Educational (beta = 0.44).

What is the beta of your portfolio? (Do not round intermediate calculation and round your answer to 2 decimal places.)

Portfolio beta ________?

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